RevRecGals

By: Susan Holmes and Natasha Castelli
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  • Summary

  • Insight into the operational side of revenue recognition accounting. A casual conversation between two revenue consultants with 30+ years of combined experience. Join us as we discuss the practical application of ASC 606 and hear stories of how revenue recognition is implemented in various companies and industries.
    © 2024 RevRecGals
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Economics
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Episodes
  • EP38 Guest Jeff Alley of Everest Systems

    EP38 Guest Jeff Alley of Everest Systems
    Nov 21 2024

    In this episode, we are excited to welcome Jeff Alley of Everest Systems. The discussion covers a range of topics from the challenges faced by SaaS companies to how Revenue Accountants have a similar mind-set to system developers. He also tells us more about the SaaS ERP application his company is building which covers the full end-to-end process from booking to record and reporting.
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    36 mins
  • EP37 Case Study: HP Instant Ink

    EP37 Case Study: HP Instant Ink
    Oct 31 2024

    This episode is a bit different. It's what we call a Case Study. We've taken a product or service, in this case, the HP Instant Ink Plan, and based on the information available to us, discussed what the Revenue team might have considered in determining the appropriate recognition for this service.
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    30 mins
  • EP36 Portfolio Method Practical Expedient

    EP36 Portfolio Method Practical Expedient
    Oct 10 2024

    ASC606 requires that adjustments to revenue be done at the transaction level. That's not always feasible due to a high volume of transactions or the inability to identify specific contracts to which the adjustment applies. In this episode, we discuss the Portfolio Method and how a top-level adjustment can be made which results in reporting revenue that is not materially different from adjusting on a transaction by transaction basis.
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    20 mins

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